Davis Polk advised the joint book-running managers on a $500 million SEC-registered offering by General Motors Financial Company, Inc. of 500,000 shares of its fixed-rate reset cumulative perpetual preferred stock, Series C.

GM Financial is a global provider of automobile financing solutions and is the wholly owned captive finance subsidiary of General Motors Company.

The Davis Polk capital markets team included partner John G. Crowley and associates Johnathan M. Nixon and Prudence Ng. The tax team included partner Mario J. Verdolini and associate Ben Levenback. All members of the Davis Polk team are based in the New York office.

Copy link to share post